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Board of Rubra Medicaments to consider December quarter results
Jan 30,2017

Rubra Medicaments announced that a Board Meeting of the Directors of the Company is scheduled to be held on 08 February 2017, to discuss and approve the unaudited Financial Result for the quarter ended on 31 December 2016.

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Maithan Alloys to consider Q3 and 9M results
Jan 30,2017

Maithan Alloys announced that a meeting of the Board of Directors of the Company will be held on 10 February 2017, inter alia, to consider and approve the Standalone Un-Audited Financial Results for the quarter and nine months ended 31 December 2016.

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Board of Pressure Sensitive Systems (India) to consider December quarter and year end results
Jan 30,2017

Pressure Sensitive Systems (India) announced that the meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to consider the unaudited financial results of the company for quarter and year ending 31 December 2016.

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Board of Chordia Food Products to consider December quarter results
Jan 30,2017

Chordia Food Products announced that the Meeting of Board of Directors of the Company is scheduled on 11 February 2017, inter alia, to consider the Unaudited Financial Results for the quarter ended as on 31 December 2016.

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Board of SKIL Infrastructure to consider September quarter and half year results
Jan 30,2017

SKIL Infrastructure announced that a Meeting of the Board of Directors of the Company will be held on 09 February 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter and half year ended 30 September 2016.

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Laurel Organics to consider Q3 and 9M results
Jan 30,2017

Laurel Organics announced that a meeting of Board of Directors of the Company is scheduled to be held on 13 February 2017, inter alia, to consider & approve the Un-Audited Financial Results (Standalone) for the quarter and nine months ended on 31 December 2016 and to take on record the Limited Review Report thereon, from Statutory Auditors of the Company.

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Board of AAR Commercial Company to consider December quarter results
Jan 30,2017

AAR Commercial Company announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the Quarter and Nine months ended 31 December 2016.

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MoU signed between POWERGRID and Abu Dhabi Water & Electricity Authority (ADWEA)
Jan 30,2017

Power Grid Corporation of India (POWERGRID), a central Power Sector PSU and CTU has signed a Memorandum of Understanding with Abu Dhabi Water & Electricity Authority (ADWEA) & its group of companies on 25th January, 2017. The MoU was signed by His Excellency Saeed Al Suwaidi, Managing Director, Abu Dhabi Distribution Co. (UAE) and Shri Anil Mehra, Executive Director- International Business, POWERGRID in the presence of Shri I.S Jha CMD, POWERGRID and Senior officials from both sides.

The MoU inter alia envisages cooperation between ADWEA & its group of companies and POWERGRID to work in areas like smart grid, Transmission technology & providing capability development and training in the field of Operation & Maintenance (O&M), Asset Management, Project Management, Power Transmission & Distribution, etc. POWERGRID shall also assist ADWEA in setting up an advanced n++World Class Capability Development instituten++ in UAE.

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Ashoka Buildcon gains after new order win
Jan 30,2017

The announcement was made during market hours today, 30 January 2017.

Meanwhile, the S&P BSE Sensex was down 14.76 points, or 0.05%, at 26,867.70.

On the BSE, 54,000 shares were traded on the counter so far as against the average daily volumes of 23,337 shares in the past one quarter. The stock had hit a high of Rs 192 and a low of Rs 185.10 so far during the day.

The stock had hit a 52-week high of Rs 196.30 on 2 February 2016 and a 52-week low of Rs 111 on 7 April 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 19.56% compared with the Sensexs 6.37% rise. The scrip had also outperformed the market over the past one quarter gaining 13.9% as against the Sensexs 0.12% fall.

The mid-cap company has equity capital of Rs 93.57 crore. Face value per share is Rs 5.

Ashoka Buildcon announced that it has received a letter of award for turnkey contracts for providing APL service connection with LT line extension under state plan in 7 circles under the jurisdiction of North Bihar power Distribution Company, Patna. The accepted contract value is Rs 116.72 crore.

Ashoka Buildcons net profit rose 114.7% to Rs 42.70 crore on 17.2% rise in net sales to Rs 517.74 crore in Q3 December 2016 over Q3 December 2015.

Ashoka Buildcon is a leading highway concessionaire and engineering, procurement and construction (EPC) company.

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Board of SBEC Systems (India) to consider December quarter results
Jan 30,2017

SBEC Systems (India) announced the meeting of Board of Directors of the Company will be held on 10 February 2017, to consider & approve the Un-Audited Financial Results of the Company for the quarter ended 31 December 2016.

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Apple Credit Corporation to announce December quarter results
Jan 30,2017

Apple Credit Corporation announced that the Board of Directors will meet on 09 February 2017, to consider and approve the un-audited financial results of the Company for the quarter ended 31 December 2016.

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Board of Modi Udyog to consider Q3 and 9M results
Jan 30,2017

Modi Udyog announced that the Meeting of the Board of Directors of the company is schedule to be held on 13 February 2017, inter alia, to discuss the following matters:

To consider, approve and take record of Unaudited Financial Results for the quarter and nine months ended 31 December 2016.

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Reliance Defence surges after winning contract from Ministry of Defence
Jan 30,2017

The announcement was made during market hours today, 30 January 2017.

Meanwhile, the BSE Sensex was down 11.82 points, or 0.04%, to 27,870.64.

More than usual volumes were traded on the counter. On the BSE, 9.57 lakh shares were traded in the counter so far, compared with average daily volumes of 6.35 lakh shares in the past one quarter. The stock had hit a high of Rs 61.90 and a low of Rs 58.15 so far during the day. The stock had hit a 52-week high of Rs 77.10 on 27 January 2016. The stock had hit a 52-week low of Rs 48.40 on 22 November 2016.

It had outperformed the market over the past one month till 27 January 2017, gaining 6.51% compared with the Sensexs 6.37% rise. The scrip had, however, underperformed the market over the past one quarter declining 3.46% as against the Sensexs 0.12% fall.

The mid-cap company has equity capital of Rs 736.21 crore. Face value per share is Rs 10.

Reliance Infrastructure (RInfra) promoted Reliance Defence and Engineering (RDEL) has signed a contract with Ministry of Defence (MOD), Government of India for design and construction of fourteen fast patrol vessels (FPVs) for Indian Coast Guard, for an amount of Rs 916 crore.

FPVs are medium range, high speed vessels; it is primarily utilized for patrol within exclusive economic zone (EEZ), costal patrol, anti-smuggling, antipiracy, search & rescue operations. It also supports front line warships in the hour of need.

This is the first time, a private sector shipyard has been awarded a contract to design and build such class of ships for Indian Armed Forces. RDEL will be developing the design in-house.

Reliance Defence & Engineering reported net loss of Rs 116.29 crore in Q2 September 2016 as against net loss of Rs 170.49 crore in Q2 September 2015. Net sales rose 86.3% to Rs 96.85 crore in Q2 September 2016 over Q2 September 2015.

Reliance Defence and Engineering (RDEL) has the largest engineering infrastructure in India and is one of the largest in the world. The company is the first private sector company in India to obtain the licence and contract to build warships.

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N K Industries to announce December quarter results
Jan 30,2017

N K Industries announced that the meeting of the Board of Directors of the Company is scheduled to be held on 11 February 2017, to consider and adopt the Standalone Unaudited Financial Results of the Company for the Quarter ended on 31 December 2016.

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Suven Life Sciences gains after securing a product patent in US
Jan 30,2017

The announcement was made during market hours today, 30 January 2017.

Meanwhile, the S&P BSE Sensex was up 11.72 points or 0.04% at 27,894.18.

On the BSE, 48,000 shares were traded on the counter so far as against the average daily volumes of 57,345 shares in the past one quarter. The stock had hit a high of Rs 184 and a low of Rs 176.35 so far during the day.

The stock had hit a 52-week high of Rs 228.50 on 30 May 2016 and a 52-week low of Rs 144.35 on 19 February 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 6.97% compared with the Sensexs 6.37% rise. The scrip had, however, underperformed the market over the past one quarter, sliding 7.13% as against the Sensexs 0.12% fall.

The small-cap company has equity capital of Rs 12.73 crore. Face value per share is Rs 1.

Suven Life Sciences secured a product patent from US corresponding to the new chemical entities for the treatment of disorders associated with neurodegenerative diseases. The patent is valid through 2034.

Suven now has a total of 25 granted patents from US. Products out of these inventions may be out-licensed at various phases of clinical development like at phase-I or phase-II.

Suven Life Sciences net profit rose 5.2% to Rs 26.56 crore on 1.2% decline in net sales to Rs 115.55 crore in Q2 September 2016 over Q2 September 2015.

Suven Life Sciences is a bio-pharmaceutical company focused on discovering, developing and commercializing novel pharmaceutical products.

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